Bhavya Singhal

in my (stable)coin phase | ex-@SuiFoundation | ex-Investing @CoinSwitch | ex-TradFi @UBS | Alum @bitspilaniindia | Personal takes, not financial gospel.

[Bhavya Singhal @BhBhavy]

If you’re building on @SuiNetwork and want some honest feedback on your UX, UI, or just general feature testing. @firstmovers_ would love to try it out and share our thoughts. Doesn’t matter if you’re an established project or just have an MVP, feel free to reach out!

[First Movers @firstmovers_]

@suilendprotocol we'll try out each and every protocol on SUI

[Bhavya Singhal @BhBhavy]

@tryheyanna @TheDhawalS @HeyElsaAI @CryptoGaunlet @Finrockinc @ZeroSpaceWeb3 @cct_pixie cant wait to listen to @TheDhawalS

[Bhavya Singhal @BhBhavy]

https://t.co/lnjNuLOW5u

[Bhavya Singhal @BhBhavy]

@wtfparry @brooklyndotos @ycombinator note

[Bhavya Singhal @BhBhavy]

@rahulkathuriaaa -rest of em are still waiting for contract

[Bhavya Singhal @BhBhavy]

@rahulkathuriaaa there’s no loophole, you’re the loophole g

[Bhavya Singhal @BhBhavy]

https://t.co/lnjNuLOW5u

[Bhavya Singhal @BhBhavy]

@Parth_DD thanks C

[Bhavya Singhal @BhBhavy]

@0xsakshamtyagi thanks g

[Bhavya Singhal @BhBhavy]

@tryheyanna @sagar_dbs lessgo

[Pranjal Bhardwaj | 0xpranjal.algo /.eth @0xpranjal]

https://t.co/cTSyhHW5bo

[Bhavya Singhal @BhBhavy]

@0xpranjal @BasedIndia @AhaanRaizada @0xratnakar

[Bhavya Singhal @BhBhavy]

@Colasama Players getting easy approvals coming in for a piece of the pie. Real competition coming for hyperliquid. https://t.co/3nHGVfqV80

[Bhavya Singhal @BhBhavy]

perps already exists with binance, hyperliquid, dydx have been running billions in daily volume for years.

so why does today's CFTC news actually matter?

>the classification changed with CFTC just ruled perps as futures, not swaps.

>futures fall under CFTC, swaps sit in this messy CFTC/SEC overlap that compliance teams at big funds absolutely hate and the SEC has historically been aggressive towards crypto regulations.

>with this CFTC classification for perps, onshore perps are legitimate for hedge funds and pension funds, that legally couldn't touch offshore venues.

>with this opens the basis trades, hedging, leverage, strategies for funds that cant use hyperliquid or binance on compliance grounds and any licensed exchange can now build on this ruling.

>Something to think about is will these regulated venues actually attract liquidity depth that hyperliquid or cexes have already achieved on their order books

>and for protocols how will they plug into onshore regulated perp distribution

this is going to heat up competition in the crypto perps space and in perps, fees don't really matter liquidity does

[Bhavya Singhal @BhBhavy]

perps already exists with binance, hyperliquid, dydx have been running billions in daily volume for years.

so why does today's CFTC news actually matter?

>the classification changed with CFTC just ruled perps as futures, not swaps.

>futures fall under CFTC, swaps sit in this messy CFTC/SEC overlap that compliance teams at big funds absolutely hate and the SEC has historically been aggressive towards crypto regulations.

>with this CFTC classification for perps, onshore perps are legitimate for hedge funds and pension funds, that legally couldn't touch offshore venues.

>with this opens the basis trades, hedging, leverage, strategies for funds that cant use hyperliquid or binance on compliance grounds and any licensed exchange can now build on this ruling.

>Something to think about is will these regulated venues actually attract liquidity depth that hyperliquid or cexes have already achieved on their order books

>and for protocols how will they plug into onshore regulated perp distribution

this is going to heat up competition in the crypto perps space and in perps, fees don't really matter liquidity does

[Mike Selig @ChairmanSelig]

In my first public remarks as @CFTC Chairman, I made clear that the agency would use the tools at its disposal to onshore crypto asset perpetuals. Today, the @CFTC delivered on that commitment.

This morning, the @CFTC took historic action to permit the listing of a true bitcoin perpetual contract by a CFTC-registered exchange, charting a path for one of the most liquid segments of the crypto asset markets to exist within the US regulatory framework.

[Bhavya Singhal @BhBhavy]

🇮🇳 India is now allowing gambling on gods

>NCDEX just launched "Rain Mumbai", India's first rainfall derivative.

>traders and farmers can now go long or short on Mumbai rainfall

>next in plans is weather derivatives

[crypto_mit ( 🗽/ Acc ) @Cryptomit]

Best logo x logo on the planet till date

[Bhavya Singhal @BhBhavy]

used to be very proud of losing my whole portfolio during 22 UST depeg, but history kept repeating itself after that 🤡

[scar @imfat]

By the age of 21 you should have lost your savings in crypto at least once

[Michael A. Gayed, CFA @leadlagreport]

You sure they won’t crash stocks to save bonds?

[Bhavya Singhal @BhBhavy]

5.177%

[Bhavya Singhal @BhBhavy]

was reading history of debt and one thing stood out

>it says credit came before money itself, and availability of credit is what allowed economies to grow, humans to experiment and take bigger risks

>now US 30Y treasury at 5.13%, crazy high for supposedly risk free long term asset

>keeps cost of capital elevated across the economy

>higher mortgage rates, expensive borrowing, and even AI hyperscaling becomes harder because so much infra + capex depends on relatively cheap capital

wonder if high yields can actually slow down AI innovation itself especially for small-mid scale startups

[Bhavya Singhal @BhBhavy]

was reading history of debt and one thing stood out

>it says credit came before money itself, and availability of credit is what allowed economies to grow, humans to experiment and take bigger risks

>now US 30Y treasury at 5.13%, crazy high for supposedly risk free long term asset

>keeps cost of capital elevated across the economy

>higher mortgage rates, expensive borrowing, and even AI hyperscaling becomes harder because so much infra + capex depends on relatively cheap capital

wonder if high yields can actually slow down AI innovation itself especially for small-mid scale startups

[Bhavya Singhal @BhBhavy]

Could this bring Indian traders on-chain?

[Hyperliquid News @HyperliquidNews]

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